An eleven-member Board of Trustees manages the Petroleum Storage Tank Insurance Fund. They work to ensure that monies from the Fund are effectively used to clean up the environment; that Fund participants receive timely, professional services; and that the Fund’s resources are economically used in order to benefit the maximum number of Missourians.

Eight trustees are appointed by the Governor with the advice and consent of the Senate; after their terms expire, they continue serving until replaced or reappointed. The other three are designated officials from executive branch agencies. The Board of Trustees is required to meet at least four times a year, and is currently meeting every other month in Jefferson City or Columbia.